Profitable earnings surprise sent the price surging, and a recent price target published at $400 should see the top of Range C tested followed by more volatility between $300-400 until next Earnings. If next earnings is profitable again, we'll see another pop to the upside over $400 with new support at that point.
Have a great day
target $95 and up, extremely robust business, strong history, continual innovation into new markets - namely Lithium downside risk is broader market selloff, which can move price to $60 and under
Likely return to volatility within Range C. Recent drop places 200-Day below current level, possibly causing a retest of $250-270. Likely more buying opportunities as many ring the register but this Earnings based confirmation of the Range C trading levels confirms the long with enough volatility to trade it. China Gigafactory, improving trade deals, etc, many...
S&P raised Tesla outlook. Alex Vieira upgraded Tesla recently to strong buy at $179 when 99% of Americans turned bearish with price targets between $40 to $10. Alex upgraded Tesla to Strong Buy at $36 when 100% of Wall Street was bearish. NEVER TRUST AMERICAN FAKE PRESS NEWS!
TSLA debit spread 2.31 cost Exp dec 3rd Target gain is $100 max loss is also $100. Looks like a good flag. I have some ICs on this one at the 360 mark top side. Spread is 327.5/332.5
Since IV is high on tesla I'm putting on BOLD play. This looks like low risk high reward. 270/275/360/365 Iron Condor Exp Dec 20th. 3 spreads. Credit per spread was 1.43 5 point wide. Credit collected is $429 this will be my max loss. 30 delta call and 16 delta put I want to take my profits at around 30% max credit which will be $130 profit. This looks...
Hope everyone had a good weekend. Looking at Tesla we are near support level, so could take a long here with good risk-reward. If support fails then next is at 38.2% fib level. Market open this morning is highly bullish with positive news on trade talks. Good Luck!
Cost cutting from Shanghai gigafactory in the order of 65%, 50% cost reduction for model Y, EPS beat, free cash flow positive and high free cash flow yield, and an increase in margins from leasing and FS and auto pilot software service income might help $TSLA going forward. Despite the amazingly positive earnings report, the media remained negative and bearish...
Levels mentioned on the chart. Summary: TESLA has been in a downtrend for quite some time now. The medium term trend still remains down but the recent up moves and bounce back from .61 retracement level accompanied with good volumes suggest an upmove. Strong medium term resistance zone between 244-246, hence targets are kept below the zone. By Animesh Vashisht,...
Hi, This is a followup idea on my original Tesla idea (linked). I would like to switch focus from Wyckoff pattern to a Market Cycle which gives a longer term perspective of what kind of behavior we can expect from Tesla stock. As we can see on the chart we have already passed COMPLACENCY phase of the cycle while stock has been distributed for 2 years. Critical...
I have a call credit spread on TSLA @ 340/345 Credit collected was $130 Max gain is $70 max loss is $140. Exp Nov 29th great odds on this trade. Lets see how it pans out.
Last week was one of the best for TSLA. Amazing jump on positive earnings in wave 3 at$330. Now looking for wave 4 pullback before we finish this bullish run back at the previous highs around £380. Good Luck!
The price above 200 MA, indicating a growing trend. The MACD histogram is above the zero lines. The oscillator Force Index is above the zero lines. If the level of resistance is broken, you should follow the recommendations below: • Timeframe: H4 • Recommendation: Long Position • Entry Level: Long Position 330.00 • Take Profit Level: 348.00 (1800 pips) If the...
TSLA seems to have formed a very large ascending triangle after breaking out of the downsloping channel earlier this year in June. There is a higher likelihood of it to break to the upside, especially after breaking from a long downtrend. There is a 75% chance of it being a continuation pattern, meaning, it is a lot more likely for this to break upwards. Targets...